206
206
Dec 4, 2012
12/12
by
CNBC
tv
eye 206
favorite 0
quote 0
i'll just call you r kelly in now. >> that's not bad. >> ross, thank you. great to see you. >>> when we come back on squawk, bank of america ceo brian moynihan in his own words, we caught up with him yesterday to talk about business, the economy and the looming figure. as we head into a break, bank of america, best performing dow component of the year. up about 77%. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staf
i'll just call you r kelly in now. >> that's not bad. >> ross, thank you. great to see you. >>> when we come back on squawk, bank of america ceo brian moynihan in his own words, we caught up with him yesterday to talk about business, the economy and the looming figure. as we head into a break, bank of america, best performing dow component of the year. up about 77%. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production...
214
214
Dec 17, 2012
12/12
by
CNBC
tv
eye 214
favorite 0
quote 0
i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at our lineup today. first off, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share
i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at our lineup today. first off, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see...
291
291
Dec 6, 2012
12/12
by
CNBC
tv
eye 291
favorite 0
quote 0
andrew ross sorkin is off today. making headlines, john mcafee has been arrested for illegally entering guatemala. authorities say they'll seek to expel him to neighboring belize. mcafee fled belize after being sought for questioning about his neighbor's murder. and he had sought political asylum, but not happening for him. >> weird story. the more you read about this on the internet, the stranger you find out. >> he's a weird looking guy. probably under a lot of investigation. >> yes. he was hiding on the beach outside under the -- >> hell of a mug shot. you know how mug shots make you look -- they wouldn't even need a trial. >> also we've been talking a little bit about the sec today. the sec charging wells fargo investment banker and nine others with fraud. this comes in connection with their alleged role in an insider trading ring that earned more than $11 million by trading on tips aboutimpending mergers. and the front page of the "new york times" looks at the trail to a hedge fund. federal investigators have ch
andrew ross sorkin is off today. making headlines, john mcafee has been arrested for illegally entering guatemala. authorities say they'll seek to expel him to neighboring belize. mcafee fled belize after being sought for questioning about his neighbor's murder. and he had sought political asylum, but not happening for him. >> weird story. the more you read about this on the internet, the stranger you find out. >> he's a weird looking guy. probably under a lot of investigation....
173
173
Dec 18, 2012
12/12
by
CNBC
tv
eye 173
favorite 0
quote 0
i'm becky quick along with joe kernen and andrew ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. that's above the $250,000 threshold that the president has been demanding for months, but it is still far from speaker john boehner's request of $1 million. a source familiar with the talk says this is by no means the final offer for the white house. the move by the president was welcomed, albeit with some reservations. we will talk about the latest developments in just a few minutes. in the meantime, the global markets seem to be taking note of the optimism. you can see right now that those dow futures are up by 54 points. this comes after a decent rally for the markets yesterday. s&p futures at this point are up by better than seven points and the nasdaq futures up, as well, by about 17. european shares rising. germany is up, the ftse is up, the france, the cac in france has turned sli
i'm becky quick along with joe kernen and andrew ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. that's above the $250,000 threshold that the president has been demanding for months, but it is still far from speaker john boehner's request of $1 million. a source familiar with the talk says this is by no means the final offer for...
249
249
Dec 12, 2012
12/12
by
CNBC
tv
eye 249
favorite 0
quote 0
. >> poor ross. >>> all right. power players coming up. >> no 13th month? >> in the world of investing. carlisle's david rubenstein, steve shoresman blackstone, venture capital's marc andreesson, and jamie dimon. look at that -- >> in addition we have jerry webb. make us all -- the rest of us feel -- >> we have one -- >> you're an economist or something? you play on to have -- you can think about the 12-12-12 thing in the meantime because you're good at math. >> yeah. all that stuff. >> all right. >>> as we move closer to the edge of the fiscal cliff, every move is being magnified by the markets. president obama and house speaker john boehner spoke by phone on tuesday, exchanging new proposals. the president gave boehner a revised offer on monday, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done
. >> poor ross. >>> all right. power players coming up. >> no 13th month? >> in the world of investing. carlisle's david rubenstein, steve shoresman blackstone, venture capital's marc andreesson, and jamie dimon. look at that -- >> in addition we have jerry webb. make us all -- the rest of us feel -- >> we have one -- >> you're an economist or something? you play on to have -- you can think about the 12-12-12 thing in the meantime because you're good...
215
215
Dec 12, 2012
12/12
by
CNBC
tv
eye 215
favorite 0
quote 1
lloyd blankfein, head of goldman sachs on with andrew ross sorkin. he said what i've been saying for a few weeks. austerity will cause economic headwinds. higher taxes are a medicine we can't turn away. i'm not in favor of higher taxes, but there are a lot of people down here who are arguing this is going to be a serious headwind for the stock market. here we are, by the way, on intraday. don't be too impressed with this downturn. this is a very small amplitude. it's 40 points. it's not statistically significant. we're drifting around right now, trying to figure out what the fiscal cliff is going to do. let me show you, we're getting projections for 2013 coming in. it's bulls and bears here. here's the bearish argument. it's what blankfein essentially was alluding to. although blankfein is bearish. the bears have been arguing american austerity is beginning at this point. higher taxes and less spending is a headwind. it's not a tailwind for stocks in 2013. on top of that, we're going to have slower growth in the u.s., or slow growth, i should say, an
lloyd blankfein, head of goldman sachs on with andrew ross sorkin. he said what i've been saying for a few weeks. austerity will cause economic headwinds. higher taxes are a medicine we can't turn away. i'm not in favor of higher taxes, but there are a lot of people down here who are arguing this is going to be a serious headwind for the stock market. here we are, by the way, on intraday. don't be too impressed with this downturn. this is a very small amplitude. it's 40 points. it's not...
321
321
Dec 3, 2012
12/12
by
CNBC
tv
eye 321
favorite 0
quote 1
andrew ross sorkin is off today. probably not awake i would say right now. i can tell you he's in the same time zone. but probably not up. definitely not watching. he may have someone watching for him, though, because he has a lot of people -- >> he tivos. >> but he's not at home. the place where he is like a staff, and he may have someone just watching cnbc that's their only job. they probably don't understand because they don't speak english, but they're probably watching us hopefully with spanish subtitles. let's check out the economic calendar. two key reports both due at 10: 10:00, october construction spending and ism manufacturing index. also today, the nation's automakers will report on november vehicle sales. and it's also the first week of december. do you know what that means? jobs friday seems to be less important than it used to be. just around the corner. here to give us his take on the jobs picture and the economy is anthony chan at chase wealth management and barry knapp and richard bernstein. have yo
andrew ross sorkin is off today. probably not awake i would say right now. i can tell you he's in the same time zone. but probably not up. definitely not watching. he may have someone watching for him, though, because he has a lot of people -- >> he tivos. >> but he's not at home. the place where he is like a staff, and he may have someone just watching cnbc that's their only job. they probably don't understand because they don't speak english, but they're probably watching us...
279
279
Dec 7, 2012
12/12
by
CNBC
tv
eye 279
favorite 0
quote 0
i'm becky quick along with joe kernen and steve liesman who is in for andrew ross sork been. the futures are weaker this morning. the dow futures only down 15 points right now so they've shown some improvement. s&p futures down 1 1/2 points. investors focused on the november jobs report which is out 90 minutes from now. the dow jones forecast is calling for 80,000 new nonfarm jobs for november with the unemployment rate remaining at 7.9%. reuters is expecting 93,000 jobs. >>> there's no deal to resolve the fiscal cliff but there are indications of inside-the-scenes talk. the white house told reporters that lines of communication remain open not sure exactly what that means but a spokesman for house speaker john boehner used a similar phrase. maybe that means call me? i don't know. analysts say there are some suggestions that there's real progress that can be made. >>> a 7.3 magnitude earthquake hit the northeastern coast of japan this morning, the same area as the devastating march 2011 quake. but there was a tsunami warning canceled and reports of injuries or damage even tho
i'm becky quick along with joe kernen and steve liesman who is in for andrew ross sork been. the futures are weaker this morning. the dow futures only down 15 points right now so they've shown some improvement. s&p futures down 1 1/2 points. investors focused on the november jobs report which is out 90 minutes from now. the dow jones forecast is calling for 80,000 new nonfarm jobs for november with the unemployment rate remaining at 7.9%. reuters is expecting 93,000 jobs. >>>...
185
185
Dec 13, 2012
12/12
by
CNBC
tv
eye 185
favorite 0
quote 0
i'm andrew ross sorkin along with joe kernen. becky is off today. dino kosof, he's going to have a lot to talk about when it comes to what mr. bernanke just said. later in the program, we'll talk to pimco's kneneal ashkari. >>> a surprise from ben bernanke, linking unemployment to monetary policy. rates will be staying where they are right now, which is close to zero, of course. until at the very least the jobless rate falls to 6.5%. we can only cross our fingers wherefore when that might be. ben bernanke says these changes will make the central bank more transparent adding they can only help the markets. the central bank ramped up its asset purchase program adding $40 billion to its $40 billion a month purchases of mortgage-backed bonds. he spoke about the objectives during wednesday's news conference. >> the asset purchases and the rate increases have different objectives. the asset purchases are about creating near term momentum in the economy, trying to strengthen growth and job creation in the near term. and the increases in the federal funds r
i'm andrew ross sorkin along with joe kernen. becky is off today. dino kosof, he's going to have a lot to talk about when it comes to what mr. bernanke just said. later in the program, we'll talk to pimco's kneneal ashkari. >>> a surprise from ben bernanke, linking unemployment to monetary policy. rates will be staying where they are right now, which is close to zero, of course. until at the very least the jobless rate falls to 6.5%. we can only cross our fingers wherefore when that...
270
270
Dec 10, 2012
12/12
by
CNBC
tv
eye 270
favorite 0
quote 1
andrew ross sorkin is out today. he'll be back tomorrow. president obama and speaker boehner are not commenting about their meeting yesterday, but me members of the parties are continuing the public debate about taxes, spending and the fiscal cliff. republicans want a melt on xwiemtment and tax reform from the president. democrats insist this will not happen until the gop agrees on a tax hike. senator dick durbin saying no deal on the debt without a tax hike of the wealthy. >> i can't tell you, i don't want to do it, the president doesn't want to do it, but we need to solve the problem been we cannot allow the reckless position to drive this economy into another recession. >> some suggesting that it might be better to cave to the president now on taxes and keep up the fight on spending. >> if we were to pass, for instance, raising the top two rate and that's it, all of a sudden we do have the leverage of the debt ceiling and we haven't given that up. >> meantime, one influential voice says enough is enough. >> that's like betting your count
andrew ross sorkin is out today. he'll be back tomorrow. president obama and speaker boehner are not commenting about their meeting yesterday, but me members of the parties are continuing the public debate about taxes, spending and the fiscal cliff. republicans want a melt on xwiemtment and tax reform from the president. democrats insist this will not happen until the gop agrees on a tax hike. senator dick durbin saying no deal on the debt without a tax hike of the wealthy. >> i can't...
262
262
Dec 11, 2012
12/12
by
CNBC
tv
eye 262
favorite 0
quote 0
right now, let's bring in our coworkers, joe kernen and andrew ross sorkin. thank you. good to see you. >> good to see you, too. >> it wag something to see when we -- well, i'm not going to go into it. but we hugged it out. >> a big bro man. >> the only thing is, you weren't here, which made it bittersweet. >> we'll have her back tomorrow. >> we will. >> we'll see you tomorrow. we hope you had a good trip down on the amtrak. >> i did. >> hopefully you had the bison chili. >> no. there was no bison chili this time. it was steak or a shrimp pasta or -- >> really? >> yeah. >> i've had the shrimp pasta. >> i had the salad. >> i won't eat bison anywhere but on the amtrak. >> sound policy. >> we'll have more from becky and jim cramer will join her in d.c. for now, let's get up on the morning's top stories. the fed is hold ago two-day meeting in washington and a news conference by bernanke is set for tomorrow afternoon. operation twist expires at the end of this month. the central bank is expected to maintain its purchase of bonds with longer maturities. and we'll talk more ab
right now, let's bring in our coworkers, joe kernen and andrew ross sorkin. thank you. good to see you. >> good to see you, too. >> it wag something to see when we -- well, i'm not going to go into it. but we hugged it out. >> a big bro man. >> the only thing is, you weren't here, which made it bittersweet. >> we'll have her back tomorrow. >> we will. >> we'll see you tomorrow. we hope you had a good trip down on the amtrak. >> i did. >>...
167
167
Dec 6, 2012
12/12
by
CNBC
tv
eye 167
favorite 0
quote 0
. >> i also remember ross perot got 22% of the vote that time. >> you're saying that the threat to pull the plug on any representative who took the pledge is far greater than any desire to rise above. >> they like being members of congress. there's no doubt about that. >> they do, don't they. >> yes, they do. >> don't mention pumps. . >> when we come back this morning, a new report finds that exporting nat gas will actually help the u.s. economy, but not every day is a winner. >>> vice chairman alan blinder will tell us what he thinks. >>> a new study from the federal government shows exporting u.s. natural gas overseas has the potential to reshape the global energy markets. the obama administration has said the study will be central to the decision on whether to export. he said exporting the gas would be a bigger impact on the economy. >> slap in the face of dow chemical. of coke, not coke the beverage company. but this was something that was hotly disputed within the romney campaign. he really let this stuff go because the romney campaign had some very big givers that were chemical co
. >> i also remember ross perot got 22% of the vote that time. >> you're saying that the threat to pull the plug on any representative who took the pledge is far greater than any desire to rise above. >> they like being members of congress. there's no doubt about that. >> they do, don't they. >> yes, they do. >> don't mention pumps. . >> when we come back this morning, a new report finds that exporting nat gas will actually help the u.s. economy, but...
152
152
Dec 3, 2012
12/12
by
CNBC
tv
eye 152
favorite 0
quote 0
now ross lynn carter -- and this is so ironic, because in many ways president carter was probably one of the most dysfunctional presidents, or at least didn't have the efficacy to ever put together a record that was to be proud. but the first lady had one of my all-time favorite quotes and i've used it before. we're going to show it on the screen. a leader takes people where they want to go. a great leader takes people where they don't necessarily want to go, but ought to be. so let's go over this one more time. today we had senator warner on. and you know what, i really liked a couple things he said. because what he said was, is think outside the box. see, we need to get away from the blame game, get away from the red herring. he says, well, start a debt reduction sinking fund. i haven't heard that idea. there are many ideas, but the point is, is that the president has a legacy to protect. okay? many people, including, you know -- we had jim bianco on last week and were talking about where the leverage is, and it's unfortunate, politics is about leverage. what i said is, i think the
now ross lynn carter -- and this is so ironic, because in many ways president carter was probably one of the most dysfunctional presidents, or at least didn't have the efficacy to ever put together a record that was to be proud. but the first lady had one of my all-time favorite quotes and i've used it before. we're going to show it on the screen. a leader takes people where they want to go. a great leader takes people where they don't necessarily want to go, but ought to be. so let's go over...
75
75
Dec 10, 2012
12/12
by
CNN
tv
eye 75
favorite 0
quote 0
that event was hosted by conan o'brien and featured the legendary diana ross and psy, who was greeted by the president. the president did not attempt psy's signature dance, gangnam style. they were talking yesterday, but the president did suggest he thinks he can do it. he thinks he can do that dance. we're going to see if that actually ever happens. there was some controversy, however. psy apologizing on friday for anti-american rap performance he did eight years ago. it all seems to be patched up and worked out now. >>> also want to tell you about this extraordinary girl. she was living in one of the poorest places on earth, a slm in uganda. she discovered chess and turns out to a progidy. she inspired a documentary and book. fiona and her chess coach actually spoke with josh leves. >> before i discovered chess i was living in a hard life where he was sleeping on the streets and you didn't have anything to eat in the streets. so that's when i decided for my brother to get a couple for it, and that's when i started learning chess. >> because there was an area in which if you went and
that event was hosted by conan o'brien and featured the legendary diana ross and psy, who was greeted by the president. the president did not attempt psy's signature dance, gangnam style. they were talking yesterday, but the president did suggest he thinks he can do it. he thinks he can do that dance. we're going to see if that actually ever happens. there was some controversy, however. psy apologizing on friday for anti-american rap performance he did eight years ago. it all seems to be...